Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 22.22 %. Marginal increase in other income during this quarter, up by 10%.
- Profit over the Year and quarter: Significant improvement in profitability for Sumeru Industries Ltd.. Notable increase of 73.68 % in net profit Year to Year, Sumeru Industries Ltd.’s profitability dropped by -226.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -200 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 57.58 Cr | Rs. 49.74 Cr | Rs. 55.84 Cr | + 12.26 % | -3.02 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | -20 % |
| Operating Profit | Rs. 57.48 Cr | Rs. 49.69 Cr | Rs. 55.76 Cr | + 12.22 % | -2.99 % |
| OPM % | 99.83 % | 99.9 % | 99.86 % | -0.04 % | + 0.03 % |
| Other Income | Rs. 0.09 Cr | Rs. 0.1 Cr | Rs. 0.11 Cr | + 10 % | + 22.22 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.01 Cr | + 0 % | -66.67 % |
| Profit before tax | Rs. 57.54 Cr | Rs. 49.79 Cr | Rs. 55.86 Cr | + 12.19 % | -2.92 % |
| Tax % | -18.75 % | 0 % | 414.29 % | + 414.29 % | + 433.04 % |
| Net Profit | Rs. -0.04 Cr | Rs. 0.05 Cr | Rs. -0.07 Cr | -240 % | -75 % |
| EPS in Rs | Rs. -0.01 | Rs. 0.01 | Rs. -0.01 | -200 % | + 0 % |
Today, we’re looking at Sumeru Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.02 %. However, it did see a marginal increase of 12.26 % from the previous quarter. Expenses ticked up slightly by 60 % quarter-on-quarter, aligning with the annual decline of -20 %. Operating profit, while down -2.99 % compared to last year, faced a quarter-on-quarter increase of 12.22 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.03 %, but a shrinkage of -0.04 % sequentially. Other income rose by 10 % compared to the last quarter, despite an annual growth of 22.22 %. Interest expenses surged remarkably by 200 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs climbed by 12.82 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -66.67 %. Profit before tax declined annually by -2.92 % but saw an increase from the preceding quarter by 12.19 %.
Tax expenses as a percentage of profits increased slightly by 433.04 % compared to last year, with a more notable quarter-on-quarter increase of 414.29 %. Net profit fell by -75 % year-on-year but witnessed a -240 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -200 %. In summary, Sumeru Industries Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 57.58 Cr | Rs. 49.74 Cr | Rs. 55.84 Cr | + 12.26 % | -3.02 % |
| Expenses | Rs. 0.1 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | -20 % |
| Operating Profit | Rs. 57.48 Cr | Rs. 49.69 Cr | Rs. 55.76 Cr | + 12.22 % | -2.99 % |
| Net Profit | Rs. -0.04 Cr | Rs. 0.05 Cr | Rs. -0.07 Cr | -240 % | -75 % |
| EPS in Rs | Rs. -0.01 | Rs. 0.01 | Rs. -0.01 | -200 % | + 0 % |
In reviewing Sumeru Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.02 % year-on-year, however, there was a minor increase of 12.26 % from the previous quarter. Expenses decreased by -20 % compared to the previous year, with a 60 % increase quarter-on-quarter. Operating Profit dropped by -2.99 % annually, and saw a 12.22 % increase from the last quarter.
Net Profit showed yearly decrease of -75 %, and experienced a -240 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -200 % compared to the last quarter. In essence, while Sumeru Industries Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
